Vail Ski Shop received a $1,209 invoice dated July 16 with 2/10, 1/15, n/60 terms. On July 30, Vail sent a $493 partial payment. (If more than one discount, assume date of last discount) a. What...

Vail Ski Shop received a $1,209 invoice dated July 16 with 2/10, 1/15, n/60 terms. On July 30, Vail sent a $493 partial payment. (If more than one discount, assume date of last discount)

a.What credit should Vail receive?(Round your answer to the nearest cent.)

Credit $

b.What is Vail’s outstanding balance?(Round your answer to the nearest cent.)

Outstanding balance $